What Is Inheritance Tax and Why Should I Care?

Inheritance Tax (IHT) is often one of the most unexpected costs families face after a loved one passes away. This guide explains – in plain English – how IHT works, who it affects, and what you can do to protect your family’s inheritance.

This guide covers:

  • How Inheritance Tax is calculated, including thresholds, rates, and what assets are counted in your estate.
  • Why more families are paying IHT, with frozen tax bands and rising property values pushing more estates over the limit.
  • Common myths debunked, such as “IHT is only for the rich” or “a will protects everything.”
  • Simple steps to take now, from valuing your estate and reviewing wills to gifting strategies and seeking professional advice.
What Is Inheritance Tax and Why Should I Care cover

This guide helps you understand how to reduce your family’s future tax burden and keep more of what you’ve worked hard to build.

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